HomeMy WebLinkAboutL 7708 P 367 Sundasd N.Y.B:i.l'. Form W-101, Bargain and Sale Dmf, with Cormana against Grantors Acts—lndl.idual or CogxlnsionB`
CONSULT YOUR LAWYEER6BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
LIBER 7708 PACE 3
THIS INDENj?RE,made the 29th day of August nineteen hundred and seventy—four
BETWEEN
SOUTHOLD HOMES, INC. , a corporation organized under and existing by
virtue of the business corporation law of the State of New York, having
its principal office at (no number) North Bayview Road, Southold,
New York 11971
.r.l q •7 0
party of the first part,and
RUSH M. FORQUER, JR. and ELIZABETH F. FORQUER, his wife, both
residing at 78 Country Club Drive, Port Washington, New York 11050
party of the seconpart,
WITNESSETH„that the party of the first part, in consideration of
C
Ten ($10.60) -------------------------------------------------dollars,
Y
I
(7 lawful money of the United States, paid
by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or
successors and assigns of the party of the second
part forever,
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being in the Town of Southold, County of Suffolk and State of New
York, bounded and described as f.olbws:
BEGINNING at a point on the northerly side of North Bayview Road
distant 240.00 feet easterly from the corner formed by the intersection
of the northerly side of North Bayview Road with the easterly side
of Cedar Avenue;
thence North 16 degrees 55 minutes 10 seconds East along lands now
or formerly of Markov and Dowd 270.00 feet;
thence South 73 degrees 05 minutes 50 seconds East 131.81 feet;
thence South 16 degrees 14 minutes 50 seconds West 265. 73 feet to the
northerly side of North Bayview Road;
thence North 74 degrees 55 minutes 00 seconds West along the
northerly side of North Bayview Road 135 . 00 feet to the corner
aforementioned, the point or place of BEGINNING.
{�
NA,
r . M. i'•l3ERT5CN
.
__ __�Cl'nrk of Sol.olk .---
l!BER 7718 PAGE 36$
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
ii roads abutting the above described premises to the center lines thereof,
I�
TOGETHER with the appurtenances and all the estate and rights of the party of the first part in and to
said premises,
TO HAVE AND TO HOLD the premises berein granted unto the party of the second part, the heirs or
successors and assigns of the party of the second part forever.
j'
The grantees herein, Rush M. Forquer, Jr. and Elizabeth F.
Forquer, his wife, herebelow affix their signatures to this
instrument evidencing their agreement to assume and pay the existing
mortgage on the premises described herein which was made to the
i Riverhead Savings Bank by Southold Homes, Inc. , the grantor herein,
III dated. f}/iIL /c! l97Y and recorded �yv / 27 f57y in the Suffolk
County Clerk' s Office in Liber '7G5-L. at page /$y, on which the present
remaining principal balance is $ 5/� cr with interest paid to
II August 29, 1974.
�j
�I
II
iI
'I
I
�I
ii
I
�i
it
AND the a ' of the first part covenants that the party of t!
it first part has not done or suffered anything
whereby the said premises have been incumbered in any way whatever, except as aforesaid.
AND the party of the first part, in compliance with Section 13 of the Lien T,au, covenants that the party of
j the first part will receive the consideration for this conveyance and will hold the right to receive such consid-
eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply
it the same first to the payment of the cost of the improvement before using any part of the total of the same for
any other purpose.
The word "party" shall be. construed as if it read "parties" whenever the sense of this indenture so requires.
IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
written.
�i IN PRESENCE OF:
SOUTHOLD HOMES, INC. , by:
I
Ronald R. Stevenot, President
I t'
LS
Rush M. For nom, Jr.
LS
Elizabeth F. r., ^r
L-'-TF;'. M. n�S�RTSC�r�